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Mahendra Lochhab

Stealth • 8h

India's largest stock broker Groww is planning to IPO at valuation of $6-$8 billion: reports

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Ayush

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Groww is going IPO 📈 Groww, India’s largest retail stockbroker, is planning to file for an IPO within the next 10–12 months. -> The targeted valuation 💸 - $6 billion to $8 billion, over double its last valuation of $3 billion in October 2021. ->

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Reports saying Porter became India's third unicorn of 2024 (with a valuation of $1 billion and above) after a fresh internal round.

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The name of the broker is YorkerFX which is an international broker. YorkerFX gives 6% to 8% monthly return by using AI.

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In 2022, India's automotive industry was the world's fourth-largest by production and valuation.

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Vansh Arora

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Given the hold of players like Groww, Zerodha, IndMoney, and others, is it even worthwhile to pursue the career of a stock broker these days?

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